Saturday, February 21
Tom tells it like it is - the realities, straight, all the details that will make or break your success. He's a no-non-sense kinda guy. Ask anyone who's heard him speak.
Apartments:
Investing Right, Profiting Big
presented by
Tom Henderson
In his full-day, all-meat workshop, you will learn more than the basics. You will get the secrets, the tricks, the crucial factors that the sellers, the brokers and the other owners don't want you to know.
The key issue is how to accurately analyze income producing properties. Buying the right income properties can produce fortunes in a very short time. Whether you are seeking on-going cash flow or instant obscene profits, once you understand the basics, you will have the skills necessary to determine which apartments to purchase, and which ones to pass on.
- What Price Per Unit tells you - and why it can be a trap.
- What is a Gross Rent Multiplier - and how it can be deceptive.
- What is a Cap Rate? (What it tells you - and what it does not - and how it can make you RICH.)
- How to buy it at one 'cap rate'- then flip it at another, to make tens of thousands of dollars or more!
- How to determine the property's NOI (Net Operating Income) and why this figure is critical.
- The 7 no-nonsense ways to finance apartments with little or nothing down.
- How to use owner financing to buy and to sell.
- How to determine cash-on-cash-return. (Why this can be the most important key to your purchase.)
- How to correctly determine occupancy rates. (What the brokers won't tell you.)
- The 'Magic Circle' formula for determining Cap Rates, Value of Property and Income Due.
- The "Diligence Check List" and what must not be skipped.
- What is Debt Service Coverage Ratio - and why this is so important.
- What is Net Cash Flow - and how it gets you the loan or keeps you from going broke.
- What is Internal Rate of Return - and how brokers use it to sell property (Do not fall for it.)
- The three traps to avoid when purchasing apartments.
- The three magic rules when purchasing income property.
- Three different management techniques (Do not believe you will not be managing.)
- 25 questions you should ask when interviewing a property manager.
- How to keep and attract tenants.
- Real examples to study and evaluate (BRING YOUR OWN DEALS TO ANALYZE IN CLASS) and much more!!!!!
A Professional Training Workshop:
Saturday, February 21
9:00 am - 5:00 pm
Continetal Breakfast Provided
Check-In and Breakfast - 8:30 am
Quality Inn Park Central,
(formerly the Harvey Bristol Inn)(newly refurbished)
LBJ Freeway (635) at Coit Rd., Dallas
(immediately in front of the Crowne Plaza Hotel)
$99 In Advance (through February 18)
$139 After Feb. 18 (and at the door)
(the lowest cost this program has ever been offered)
Limited Seating.
REGISTER NOW.
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